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Standard Chartered Raises Ethereum Price Target to $7,500 by Year-End
Standard Chartered has increased its price target for Ethereum to $7,500 by the end of the year from the previous $4,000 estimate.
- The revision is driven by growing demand from corporate treasury buyers and spot ETH products.
- Key drivers include fee growth on the Ethereum network and stronger institutional adoption.
- The bank's longer-term targets for 2028 have been raised to $25,000, with potential scenarios reaching $40,000 by 2030.
Institutional Buying Drives Demand
- Since June, treasury firms and spot ETF flows have accumulated close to 4% of Ether’s circulating supply.
- Treasury firms alone purchased approximately 2.3 million ETH in over two months.
Ethereum Vs. Bitcoin
- Standard Chartered suggests Ethereum might outperform Bitcoin, potentially returning the ETH/BTC ratio to 2021 levels.
- Weaker Bitcoin momentum and stronger real-world use of Ethereum could accelerate Ether’s price increase.
Long-Term Upside Scenarios
- Forecasts suggest $30,000 by 2029 and $40,000 by 2030, based on expanded stablecoin use and tokenized assets.
- Market experts caution that outcomes depend on ETF flows and corporate decisions.
Network Fundamentals And Risks
- Ethereum's share of stablecoin activity and role in decentralized finance are essential for valuation models.
- Scale improvements and Layer 1 throughput will be significant if traditional finance transactions move onchain.
- The research warns that macroeconomic changes, ETF outflows, or regulatory issues could alter projections.